Comments by "Sankalp" (@sankalp6872) on "A non-economist’s guide to latest GDP, fiscal deficit, GST data, PMI pointers u0026 health of economy" video.

  1. At the simplest level, GDP = C+I+G+(X-M). The growth is primarily coming from I and G (i.e., Investment & Government spending). These drives indicate higher confidence in the future of the economy. However, "G" is not a sustainable source of growth. C, i.e., Consumption is a more VISIBLE indicator of the state of the commoners. A stagnant "C" is NOT BAD (but it is NOT GOOD either). X-M, aka net exports, is a challenge for any Govt. Exports exceeding imports are a desirable situation, but the context matters. It is only positive for natural resources rich economies or world factory economies like China and Germany. The US tops in the trade deficit.
    10
  2. "Non-economist"? Has the Raghuram Rajan trolling inspired this headline? A warning should be added for such videos, BEWARE OF ABSOLUTES vs RELATIVES. If you look at the absolute numbers, Manufacturing HAS NOT DECLINED. Only the pace has SLOWED down.
    3